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When is a fee-based account appropriate for a customer? QID: 3571032 Mark For Review AWhen the customer is indexing through the purchase of an exchange-traded

When is a fee-based account appropriate for a customer? QID: 3571032 Mark For Review AWhen the customer is indexing through the purchase of an exchange-traded fund (ETF) BWhen the investor is implementing an active strategy by investing in actively managed mutual funds CWhen the investor wants to engage in passive asset management and only intends to buy no-load mutual funds DWhen the customer is using an investment adviser to implement an active management strategy

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